Current through December 12, 2024
Section 690B.535 - Disclosures regarding effects of changes in exposure1. If a practitioner licensed pursuant to chapters 630 to 640 of NRS, inclusive, experiences a change in exposure, each insurer issuing a policy of professional liability insurance to the practitioner shall disclose to the practitioner the effect of the change in exposure on the premium rate for the professional liability insurance and any extended reporting endorsement.2. As used in this section, "change in exposure" means any change to the practice of a practitioner licensed pursuant to chapters 630 to 640 of NRS, inclusive, that would either increase or decrease the risk of the practitioner breaching professional duty.Nev. Admin. Code § 690B.535
Added to NAC by Comm'r of Insurance by R131-03, eff. 10-30-2003